Question

Ravi bought a cycle for rs 1200 and sold after 6 months for rs.1050 then find loss percetage

Answer 1

Solutions :-


Cost Price of cycle = Rs 1200

Selling price of cycle = Rs 1050



Cost Price is greater than the selling price.
Therefore, Loss

Loss = C.P - S.P
= Rs (1200 - 1050)
= Rs 150


Loss% = (loss × 100)/C.P %
= (150 × 100)/1200 %
= 15000/1200 %
= 12.5 %


Hence,
The Loss percent is 12.5 % or 12½ %